Evercore ISI Raises its Price Target on GLOBALFOUNDRIES (GFS)
Key takeaways
- Evercore ISI Raises its Price Target on GLOBALFOUNDRIES (GFS) Jeff Lewis Fri, May 22, 2026 at 11:46 PM GMT+7 2 min read GFS GLOBALFOUNDRIES Inc.
- 8 High Return Semiconductor Stocks to Buy Now.
- (NASDAQ:GFS) reported Q1 EPS of 40c, versus the consensus estimate of 35c.
Evercore ISI Raises its Price Target on GLOBALFOUNDRIES (GFS) Jeff Lewis Fri, May 22, 2026 at 11:46 PM GMT+7 2 min read GFS GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is one of the
8 High Return Semiconductor Stocks to Buy Now.
On May 19, 2026, Evercore ISI raised the firm’s price target on GLOBALFOUNDRIES Inc. (NASDAQ:GFS) to $85 from $58 and kept an Outperform rating on the shares. Following a new round of Q1 AI channel checks, the firm said key themes included a shift from AI training-driven workloads toward inference-driven workloads by the end of 2026. Evercore added that the transition is increasing focus on cost-per-token, return on investment, and total cost of ownership, which is driving greater hyperscaler interest in internally developed ASICs and alternative accelerators.